BDO foreclosed properties for sale updated as of May 2012

Note: The most updated listings of Banco De Oro (BDO) foreclosed properties can be found through this link: BDO foreclosed properties. The listing below is outdated but you may still access it for reference purposes.

This is an updated listing of BDO foreclosed properties as of end of May 2012, courtesy of Ms. Mary Jean Reyes. Ms. Jean is the Manager of Metro Manila Sales of the BDO Asset Management Group.

One thing I like about this listing is Ms. Jean updated it so you can easily spot properties on the list that already have an offer(in blue) or are already sold (in red).

The listing of BDO foreclosed properties below includes properties that are mostly from Metro Manila, with a few from Luzon.

This is actually a set of listings which contains a main listing and 3 subsequent updates. I was supposed to combine these into one listing but that would mean I would have to defer posting the list, so I decided to post them all here as is.

Payment terms

Aside from cash payment, purchases can be through installment as follows:

Download the listings of BDO foreclosed properties as of May 2012

Note: The most updated listings of Banco De Oro (BDO) foreclosed properties can be found through this link: BDO foreclosed properties. The listing below is outdated but you may still access it for reference purposes.

Disclaimer: The properties above are for sale on an “as is where is basis”. All are advised to do the necessary due diligence before entering into a binding commitment financially or otherwise in relation to any of the listings of foreclosed properties for sale that are published in www.foreclosurephilippines.com. Inadvertent misprints shall not alter the factual condition of any property published in www.foreclosurephilippines.com, nor shall they be deemed as misrepresentation.

About Jay Castillo

Jay is the founder and editor-in-chief of Foreclosurephilippines.com where he shares real estate investing tips and foreclosed property listings. After several successful real estate deals, he quit his job as I.T. Manager to focus on Real Estate Investing. He is a PRC licensed Real Estate Broker (REB License # 3194)... [Read more]

Gud Day Sir Jay just want to ask what documents we’ll receive after we settle the amount declared by the BFS.. we made an application of the house and lot in Dasmarinas City which has a redemption period until May 2014,..we are confused because we need to present Orig TCT/deed of sale or certificate of sale in order to approved by MEralco…but according to BFs, they will not give us an absolute deed of sale nor TCT because we are just buying only the rights? pls help us to understand….sorry to say that one of the sales person in BFs doesnt know how to deal properly with their client.

Jad

I bought also a creditors rights and was able to have it connected with Meralco by using the Notice of Approval of Sale and Authority to Move In. BFS will not issue you the original TCT for now maybe because the Title was not yet under their name since the redemption has not yet lapsed. Better if you read again the 1st condition in your Notice of Approval of Sale

DImasalang

ty sir..god bless!

DImasalang

Thank you Jad!..

http://www.foreclosurephilippines.com Jay Castillo

A good day to you too DImasalang. I’m not sure what documents you will receive as I am not an accredited broker with BFS (Full disclosure: they chose to advertise on our site, even though there are a lot of negative feedback here, they said they are doing their best to handle them and they did not ask me to remove the negative comments, which is good). I would have to agree with Jad (thank you Jad for your comment answering DImasalang’s question!) that you will have to use the Notice of Approval of Sale and Authority to Move In or maybe an Acceptance Notice (this is what banks give their buyers, Im not sure with BFS though). By the way, was it someone at their office that was not able to provide the service you expected or was it an agent/broker?

DImasalang

Ty sir God Bless…We are hoping that there will be no problem after we we settle the amount in cash..

DImasalang

Ty Sir Jay!

Joan Placido

Please email me those available foreclosed house and lot in san jose del monte bulacan. many thanks, godbless.

Gen Dawson

hi sir how can we contact you?i called up BDO re: foreclosed property in Lot 10 Corner Dutches St., Royal Valley Bangkal Davao City. I saw this from links you posted under BDO bank. They said the property is not in their list. Would that mean sold out na?or already endorsed to legit real estate broker. How can we contact you?we are interested buying properties here in Davao City.

Hi Tighe, there are photos but are too big to post online (I would have to manually compress the pictures from the bank but that would take too much of my time). Which property in Paranaque would you want to have pictures of?

Herman Valero

Please email me foreclosed properties (house and lot) in Bulacan. I am interested to buy and use it as rental property. I am particularly interested on properties located in San Indefonso and Baliuag, Bulacan.

Thanks

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About

Hi, I'm Jay Castillo, a full time real estate investor, real estate broker, and internet marketing practitioner.I started foreclosurephilippines.com in 2008 as a tool where I keep all of my listings of foreclosed properties and lessons learned about real estate investing in the Philippines.No, I am not a "guru", I can only share what I have learned based on my own experience. Click here to read more...